Neighborhood Economics for Fisher Island Real Estate – Quarter 1 and 2 of 2015
The Fisher Island Real Estate Market in a Nutshell
Get a quick overview of the Fisher Island Real Estate Market in the first half year of 2015
The Fisher Island Real Estate Market in a Nutshell – Read our quarterly report here with all the key market data to be quickly updated on the Fisher Island Condo Market
The neighborhood economics blogs are excellent to gather a pulse on the Fisher Island Real Estate Market as we provide the market’s key indicators. This blog focuses on the last 6 months of Fisher Island Real Estate Data and is updated every quarter. All Data are derived from the MLS South Florida
Data are given for Fisher Island Condos in the price ranges of:
- $1,5M – $3M
- $3M – $5M
- $5M +
Summary of the Fisher Island Real Estate Market– Q2 2015
Overview of Fisher Island condo data for the first half year of 2015. The data are provided for three price ranges.
Overview of Fisher Island condo data for the first half year of 2015. The data are provided for three price ranges.
For Sale vs Sold Properties in Fisher Island
An overview of how many properties were listed for sale as well as how many properties were sold per month in each price range.
How many condos were listed and how many condos sold in Fisher Island in 2015 (first half year)?
The Months of Inventory of Fisher Island Condos
The months of inventory is an important indicator in real estate. It indicates how many months it takes to sell all the current listings under the assumption that no new listings will enter the market.
Rules of Thumb
Buyer’s market: more than 9 months of inventory based on closed sales
Seller’s market: less than 6 months of inventory based on closed sales
Neutral market: 6 – 9 months of inventory based on closed sales
The months of inventory for Fisher Island condos
The Sales Prices for Fisher Island Condos
Given the low amount of sales in Fisher Island, we took the average sales prices over the last 5 years for all Fisher Island Condos
Sales Prices per Sq.Ft for Fisher Island Condos in the last 5 years
Read our Quarterly Neighborhood analytics for:
♦ Aventura
♦ Bal Harbour
♦ Brickell
♦ Coconut Grove
♦ Coral Gables
♦ Downtown / Midtown Miami
♦ Fisher Island
♦ Key Biscayne Condos / Key Biscayne Homes
♦ Miami Beach Condos / Miami Beach Homes
♦ Pinecrest
♦ South Beach Condos / South Beach Homes
♦ South Miami
♦ Sunny Isles
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